NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued JUNE 30, 2012 UNAUDITED AND DECEMBER 31, 2011 AUDITED
AND SIX MONTHS PERIOD ENDED JUNE 30, 2012 AND 2011 UNAUDITED Figures in tables are presented in billions of Rupiah, unless otherwise stated
54
18. BONDS AND NOTES continued
c. Promissory Notes
Interest Interest
Principal Issuance
Payment payment
rate Supplier
Currency in billions date
schedule method
per annum
PT Huawei Tech US
0.3 June 19, 2009
Semi-annually Semi-annually 6 month LIBOR+2.5
Investment November 22, 2012 -
“Huawei Tech” December 28, 2014
PT. ZTE US
0.1 August 20, 2009
Semi-annually Semi-annually 6 month LIBOR+1.5
Indonesia July 11, 2012 -
6 month LIBOR+2.5 “ZTE”
December 10, 2014
Based on Agreement of Frame Supply and Deferred Payment Arrangement between the Company with ZTE and Huawei Tech, the promissory notes issued by the Company to ZTE and
Huawei Tech are unsecured supplier financing facilities covering 85 of Hand Over Report “Berita Acara Serah Terima” or BAST projects with ZTE and Huawei Tech.
19. BANK LOANS
June 30, 2012 December 31, 2011
Outstanding Outstanding
Original Original
currency Rupiah
currency Rupiah
Lenders Currency in millions
equivalent in millions equivalent
BRI Rp.
- 2,665
- 1,131
Syndication of banks Rp.
- 2,588
- 3,225
BCA Rp.
- 1,918
- 2,271
Bank Mandiri Rp.
- 1,764
- 2,111
BNI Rp.
- 1,300
- 400
ABN Amro Bank N.V. Stockholm Branch “AAB
Stockholm” and Standard Chartered Bank
US 77
726 85
771 Japan Bank for International
Cooperation “JBIC” US
36 337
42 381
Bank CIMB Niaga Rp.
- 99
- 81
PT Bank Ekonomi Raharja Tbk “Bank Ekonomi”
Rp. -
55 -
69 US
4 4
OCBC NISP Rp.
- -
- 466
Industrial and Commercial Bank of China Limited
“ICBC” US
- -
39 350
Others Rp.
- 1
- 1
Total 11,457
11,261 Unamortized debt issue cost
62 70
11,395 11,191
Current maturities Note 16a 3,807
3,960
Long-term portion Note 16b 7,588
7,231
Refer to Note 36 for details of related party transactions.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued JUNE 30, 2012 UNAUDITED AND DECEMBER 31, 2011 AUDITED
AND SIX MONTHS PERIOD ENDED JUNE 30, 2012 AND 2011 UNAUDITED Figures in tables are presented in billions of Rupiah, unless otherwise stated
55
19. BANK LOANS continued
Other significant information relating to bank loans as at June 30, 2012 is as follows:
Total facility
Interest Interest
in Payment
payment rate
Borrower Currency billions schedule period
per annum Security
Syndication of banks July 29, 2008
a
The Company Rp.
2,400 Semi-annually Quarterly 3 months
None BNI, BRI and
2010 - 2013 JIBOR+1.20
BJB June 16, 2009
a
The Company Rp.
2,700 Semi-annually Quarterly 3 months
None BNI and BRI
2011 - 2014 JIBOR+2.45
BCA July 5, 2010
bc
Telkomsel Rp.
2,000 Semi-annually Quarterly 3 months
None 2012 - 2016
JIBOR+1.20 December 16, 2010
a
TII Rp.
200 Semi-annually Quarterly 3 months
None 2011 - 2015
JIBOR+1.25 Bank Mandiri
July 5, 2010
bc
Telkomsel Rp.
3,000 Semi-annually Quarterly 3 months
None 2012 - 2016
JIBOR+1.20 BRI
October 13, 2010
a
The Company Rp.
3,000 Semi-annually Quarterly 3 months
None 2013 - 2015
JIBOR+1.25 July 20, 2011
a
Dayamitra Rp.
1,000 Semi-annually Quarterly 3 months
Property, 2011 - 2017
JIBOR+1.40 plants and
equipments Note 9
April 17, 2012 Indonusa
Rp 225 Semi-annually Quarterly
3 months Cash flow
2013 - 2017 JIBOR+3.76
Indonusa ABN Amro Bank N.V.
Stockholm Branch “AAB Stockholm”
and Standard Chartered Bank
December 30, 2009
bd
Telkomsel US
0.3 Semi-annually Semi-annually 6 months
None 2011- 2016
LIBOR+0.82 BNI
October 13, 2010
a
The Company Rp.
1,000 Semi-annually Quarterly 3 months
None 2013 - 2015
JIBOR+1.25 December 23, 2011
PIN Rp
500 Semi-annually Quarterly 3 months
Inventories 2016
JIBOR+1.50 Note 5
and trade receivables
Note 4 Japan Bank for
International Cooperation “JBIC”
March 26, 2010
ae
The Company US
0.06 Semi-annually Semi-annually 4.56 and
None 2010 - 2015
6 months LIBOR+0.70
